How often should files be uploaded to Visible Equity? Do all of the data elements need to be loaded each time we upload files?
Dear File Questions,
We recommend that loan files be uploaded on a monthly basis, containing end-of-month data. Application files may be uploaded on a more frequent basis.
All loan elements should be included in the monthly file uploads, with the exception of the data elements that “stick” with a loan. Visible Equity will store or keep credit scores and collateral values, so these elements only need to be loaded one time.